I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Hello Traders! As you can see in my 'Related Ideas' EURUSD developed exactly as expected, the structure made a 'Running Flat' and came down. But now, if we look at the higher timeframe possibilities, we see that there's a very good chance that we are at the beginning of a much bigger down-move to complete a higher timeframe 3-wave correction, which is why I'm...
Hello traders! In my last week's EUR/USD ideas, I recommended selling EURUSD@1.2180-1.2208 If you followed me, then you should have bagged very good 100+ pips profit from the sell trade. (previous idea attached below for your reference) Currently, price is on it's way towards the support line of the minor price channel. So, there might be a pullback soon. ...
We are yet to find an avenue for Bearish confirmation since my last publication on this pair as the price continues to find a higher high (see link below for reference purposes). Continuous rejection of the $1.22500 level since mid-May 2021 is a clue pointing at the possibility of a bearish momentum building up at this juncture in the market. The prospect of...
#EURUSD market has entered a very interesting phase. It is repeating the same pattern of the rising wedge. And it is confirmed that the market s going for a huge drop. But at the point, that's, not all. there is also buying opportunity while moving down. So closely choose entry points and identify closely buying and selling opportunities.
Hello Traders! Check related ideas for context, I was looking at this being a Running Flat yesterday, and it's working out nicely. But to get a sell-setup now we have to be lucky. I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
As I've mentioned before, EurUsd is consolidating and slightly correcting in a flag formation. I expect this flag to be broket to the upside and 1.2350 is my target In my opinion, dips should be bought and only a daily close under 1.21 would change my perspective
EURUSD has been moving up and making bullish corrections, and it did look like it was going to break the top of the structure. But we have been correcting in the middle for a while, and it looks like sellers are taking control, and the price will push down. (The Running Flat and divergence are indicating that possibility). I will update my idea as the trade...
Hello Traders! It looks like EURUSD is creating another 3-wave correction that would take us to the top of the structure. I'm looking for it to break the top for now, but this is just 1 possible scenario that currently is the highest probable one according to my analysis. Trade with care! I will update my idea as the trade progresses if any changes occur and my...
This is in continuation to my previous idea where I advised selling EURUSD@1.2180-1.2200. In the hourly chart, I have noticed a mini price channel. Based on this, a drop towards the lower end of the price channel is expected. With US dollar gaining strength across the board, I would recommend selling the rallies in EURUSD@1.2180-1.2208 with SL above the...
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Since the recent high, EurUsd is slightly correcting drawing a flag pattern on our chart. I favour long positions as long as the price is above 1.21
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Hello traders! My previous idea on EUR/USD gave us 120+ pips profit as I recommended opening sell @1.2220 and price dropped to 1.21 level. (previous idea attached below for your reference) Currently, price has made some recovery but in the hourly chart, the moving average is tilted towards the downside. So, I recommend opening sell trades between 1.2170- 1.2205...
Check out related ideas for analysis context! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
We broke out of the trend but quickly reversed back into it, which indicates bullish strength. Right now we have a 3-wave corrective regular flat and we will either break the top or make a bigger structure before we continue the up-trend. I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new...
Hello traders, in my previous EUR/USD idea, I recommended selling at 1.2250. ( idea attached below). So, if you followed that, you must have made 120 pips profit when price dropped to 1.2130. Currently, EUR/USD is just below the 1.22 key level and the resistance is still intact on the weekly chart. My recommendation is to look for sell entries closer to the...